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The Dow outperformed leading market a bit higher as market wraps up
US stock market stayed on the low side for the most part of this month not until Fed Chief Powell and the Federal Reserve meeting made a positive feedback to the market. Major Indices rallied closing first half of March slightly higher.
Dow Jones Industrial hit it big with a new record which rose by 0.4% compared to its fair value. Even before the Fed meeting, Dow Jones was doing well and the meeting decision just added to gains which ended with a 0.6%.
Nadaq Composite bounced back from a 1.5% slump through the day to a positive 0.4% while S&P 500 index rose by 0.3%. The reversed their situation after Fed chief Powell started his speech in the afternoon.
Key earners for the session today includes WSM (William-Sonoma)
Gold and Silver prices steadily bouncing back from slump and is steadily rising up. Treasuries has no visible movement as of this moment.
Below is an overview of the Stock Market's movements as of Monday 4:00 p.m. New York's time:
- Dow 30 increased by 189.42 points or by 0.58% increasing to 33,015.37
- Nasdaq up by 56.63 points or by 0.40% to 13,525.20
- Gold increased by 3.10 per ounce ending with 1,748.60
- Silver bumped up by 0.08 per ounce at $26.11
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